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Updated about 12 years ago on . Most recent reply

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828
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Jennifer Lee
  • Real Estate Broker
  • Gibsonia, PA
260
Votes |
828
Posts

How many of you REI have a RE license?

Jennifer Lee
  • Real Estate Broker
  • Gibsonia, PA
Posted

Hi BP

Are you a REI? Do you have your Real estate license?

If NO, why?

If YES,
1. Are you an Agent or broker?

2. Where do you work? (Big/small brokerage, own your own)

3. Pros and cons?

4. How much of your Investor time has being an agent/broker taken away, if any?

5. Have you lost any deal with "disclosure disclosure"?

6. How did you negotiate your independent contractor agreement with your broker? (Fees, marketing, education)

Thanks in advance, at crossroads, already taking my courses

Most Popular Reply

User Stats

2,302
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6,935
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Brian Burke
#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
6,935
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2,302
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Brian Burke
#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
Replied

YES!
1. Broker
2. My own
3. All pros, no cons. Impossible to do my REI at the scale that I do without it.
4. Zero, but I don't buy/sell RE for clients myself
5. Nope
6. N/A

I got my license so I could facilitate my own transactions. Run my own comps. Mine for my own deals. And, most importantly, hire an army of agents to find property for me, and sell them (the properties, not the agents!) after rehab.

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